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Michael Jackson's Mom Loses Bid For New Trial Against AEG

A California appellate court on Friday upheld a jury's verdict that concert promoter AEG Live LLC was not liable for the doctor who fatally overdosed pop legend Michael Jackson, rejecting arguments from the performer's family that jury instructions were flawed.

  • Jay-Z Swipes At Spotify With $56M Music Streaming Co. Buy

    Rap mogul Jay-Z expanded his business empire into music streaming on Friday with the $56 million purchase of Aspiro AB, an up-and-coming competitor to streaming giant Spotify AB best known for its Wimp and Tidal services.

  • Shake Shack's Shares More Than Double In Trading Debut

    Shake Shack Inc's shares soared nearly 136 percent in its trading debut Friday, leaving its increased initial public offering price in the dust as investors clamored for a bite of the beloved Manhattan-born hot dog and burger joint.

  • Ex-Rothstein Atty Gets 18 Mos. For Role In $1B Ponzi Scheme

    Former Rothstein Rosenfeldt Adler PA attorney David Boden on Friday was sentenced to 18 months in prison after pleading guilty to wire fraud in connection with Scott Rothstein's $1.2 billion Ponzi scheme.

  • Cablevision Sues Verizon Over 'Fastest Wi-Fi' Ads

    Cablevision Systems Corp. on Thursday hit rival Verizon Communications Inc. with a false advertising suit in New York federal court, alleging Verizon’s recent advertising in the New York area promising the “fastest Wi-Fi” is a deliberate falsehood meant to undercut Cablevision’s business.

  • RJ Reynolds Hit With $6M Verdict In Engle Trial

    A Florida federal jury on Thursday delivered a $6 million dollar verdict against R.J. Reynolds Tobacco Co. and in favor of a Florida woman whose husband died of smoking-related causes.